Tag: VAT

FAAC: N1.6trn shared by FG, states, LGs in May

  The federation account allocation committee (FAAC) says it shared a total…

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Pharmaceuticals prices may drop as FG implements zero VAT, duties

  Experts say prices of drugs are likely to drop following the…

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Tax reform: Reps approve new VAT sharing formula for states

  The House of Representatives, on Thursday, approved a new Value Added…

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Nigeria’s VAT revenues rise 9.11% to N1.5trn in Q2 2024

  The National Bureau of Statistics (NBS) says the country generated N1.56…

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VAT remains at 7.5%, says Wale Edun

The Minister of Finance and Coordinating Minisiter for the Economy, Wale Edun…

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